Saturday, February 14, 2015

Can one of two parties obtain a mortgage for half the cost of property while the other pays his whole half?

My brother and I want to purchase a property with in the UK for development purposes. I don t want a mortgage as i have enough to buy half of it outright but my brother will need a mortgage for his half.

the property will need to be owned on paper by both of us but is it possible for my brother to successfully get a mortgage for half the value?

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